Boston, MA 05/21/2013 (wallstreetpr) – The trading session on Monday saw Qlik Technologies Inc (NASDAQ:QLIK) declined by 1.08%. It closed at a price of $30.35 which reached an intraday high of $30.77 before heading down to close at $29.91 per share. The average volume of 1.96 million shares was measured over a 30-day period
QLIK was incorporated on 3 September 3, 2004. It provides the user-driven business intelligence (BI) solution to its customers. The QlikView Business Discovery platform helps people with creation and sharing of insights and analysis across organizations and in groups. It is involved in developing, commercializing, implementing software products and other related services. Qlik Technologies Inc (NASDAQ:QLIK) has a very diversified distribution model. This includes a direct sales team, a partner-network of solution providers, original equipment manufacturers and relationships as well as system integrators. On 12 June, 2012, it acquired expressor software corporation (Expressor). QlikView Expressor is the provider of a graphical studio. This is used for designing as well as managing data integration for various QlikView apps.
The product affords designers and developers the ability to centrally manage and define data transformations, definitions and other design artifacts in business terms. In 2013 May 2013, Qlik Technologies Inc acquired NComVA AB. It is possible to deploy the QlikView Business Discovery platform in numerous configurations. This Windows application is installed on the computer. It enables the user to load data from different sources such as data warehouses and databases, flat files, Salesforce.com, SAP, extensible markup language (XML) files or even Web services, into the memory of the computer.
